BreakThru Realty

620 SW 7th Street 1-7, Pompano Beach, FL 33060

$1,450,000 · $307 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $1,450,000
  • Price per sq ft: $307
  • Building size: 4,716 sq ft
  • Lot size: 13,939 sq ft
  • Zoning: B-3
  • Year built: 1973
  • Net operating income: $94,137/yr
  • Cap rate: 6.5%
  • Parcel ID: 494202031150
  • MLS#: A11914413
Photo 1 at 620 SW 7th Street 1-7, Pompano BeachPhoto 2 at 620 SW 7th Street 1-7, Pompano BeachPhoto 3 at 620 SW 7th Street 1-7, Pompano BeachPhoto 4 at 620 SW 7th Street 1-7, Pompano BeachPhoto 5 at 620 SW 7th Street 1-7, Pompano BeachPhoto 6 at 620 SW 7th Street 1-7, Pompano BeachPhoto 7 at 620 SW 7th Street 1-7, Pompano BeachPhoto 8 at 620 SW 7th Street 1-7, Pompano Beach

About this property

Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1's , 3 - 1/1's and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $29,463 which include Property Taxes:$19543, Water/Sewer:$3600, Insurance $5000, Lawn $720, Exterior Electric $600. Apartment electricity is metered separately and paid by Tenants. Current 6.5% cap, ProForma 8% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!

Building Features and Utilities

  • Block
  • CBS

Operating Statement

Gross income$123,600/yr
Property taxes$19,534/yr
Net operating income$94,137/yr
Cap rate at asking price6.5%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RPM LUXE REALTY · rodgermorelli@gmail.com · Listing agent: Rodger P Morelli

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 620 SW 7th Street 1-7 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

Buying an apartment building

Selling an Apartment Building?

Multifamily buyers underwrite the rent roll, the occupancy, the expenses, the insurance and the capital needs, and many tell BreakThru Realty the size and location they are buying. If you own an apartment building, a broker can check it against those requirements before you list and prepare the operating history buyers and their lenders will ask for.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 620 SW 7th Street 1-7

How much is 620 SW 7th Street 1-7?
620 SW 7th Street 1-7 is listed at $1,450,000, about $307 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 620 SW 7th Street 1-7?
The listing reports net operating income of $94,137 a year, a cap rate of about 6.5% at the $1,450,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 620 SW 7th Street 1-7 zoned?
The listing reports zoning of B-3. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 620 SW 7th Street 1-7?
The listing reports 4,716 square feet of building.
When was 620 SW 7th Street 1-7 built?
620 SW 7th Street 1-7 was built in 1973. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 620 SW 7th Street 1-7?
The listing reports annual property taxes of $19,534. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 620 SW 7th Street 1-7?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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